21
Jul
16:05
Vitkovice Steel stabilises finances, sees infrastructure sales continuing
Vitkovice Steel reported a CZK 480 million ($20.9m) loss for 2019 but managed to stabilise operations significantly compared to 2018 when loss exceeded CZK 1.6 billion, the firm says. Sales, however, declined on-year to 520,000 tonnes, the Czech steelmaker adds without providing a comparison.
“The situation in the steel industry is complicated; we are under great pressure from cheap imports from Ukraine and other third countries,” Vitkovice Steel chief…
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Anonymous
Very good overview of the weekly steel market.
Anonymous